When TradeRush burst onto the scene in 2011, it was a fresh and innovative face in the binary options brokerage market. Since then, many other brokers have caught up, and although TradeRush is not the cutting-edge dynamo it once was, it is still and extremely solid and well-respected online broker. Moreover, they haven’t lost their edge completely, as evidenced by their new mobile apps and other features.
Software and Features
As one of the first brokers to really use the full power of the SpotOption platform and 60-second trades, TradeRush redefined the way binary options were traded. Nowadays, their SpotOption platform looks no different from that of every other white label broker out there. However, the experience and trustworthiness of Traderush.com set them apart, along with their excellent selection of resources. The educational center is better than average, featuring a free e-book, videos, and market reviews, though a demo account is unfortunately missing. The ability to trade through both an iOS and Android app is also a great feature and shows that the TradeRush broker isn’t done innovating yet.
Option Types Offered
More than 100 stocks, indices, commodities, and currencies were available to trade at the time of our TradeRush review, along with a handful of pairs. All of the latest SpotOption option types can be traded in addition to the 60-second options that Traderush.com pioneered back in 2011. One-touch options are available along with standard options. There is also an option builder and a pro version with live charts which allows for trades to be rolled over, doubled up, or sold early. Payouts are about industry average, topping out at 81% with some losing trades offering rebates as well.
Account Types Offered
Accounts carrying different benefits and requirements are offered to TradeRush traders on a case-by-case basis. The minimum deposit is $200, and with that traders are eligible to receive a TradeRush bonus of as much as 100%, although it is important for each new trader to contact customer service to see what kind of bonus they are eligible for. Higher initial deposits give traders access to more features such as individual coaching and faster withdrawals. Deposits are SSL secured and accepted through credit cards, wire transfers, and Skrill (Moneybookers).
Although no longer making the kind of waves it did back when it debuted the idea of 60-second options in 2011, TradeRush remains one of the better binary options brokers out there. More than anything else, their reputation and experience mean that they will always be able to provide traders with a solid and reliable trading platform that they can count on.